Apple has posted record 2nd quarter revenue of $24.67 billion and record 2nd quarter net quarterly profit of $5.99 billion diluted share that ended on March 26, 2011.
According to record, Apple sold a remarkable in the quarter, rise 113 percent over the year-ago quarter. Apple has also sold 4.96 million iPads during the quarter.
Apple CEO, Steve Jobs said:
“With quarterly revenue growth of 83 percent and profit growth of 95 percent, we’re firing on all cylinders. We will continue to innovate on all fronts throughout the remainder of the year.”
There are people who are really excited about the Apple record like the Wall street. They like the results as the results have eclipse their expectation of $5.35 earnings per share on $23.27 billion in revenue. Apple’s stock is currently trading at $350.53 up approximately $8 (~2.4%) in after hours trading.
[Image courtesy topnews]